36 Thorney WayBalga WA 6061
Property Details for 36 Thorney Way, Balga
36 Thorney Way, Balga is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1964. The property has a land size of 809m2.
Last Listing description (June 2022)
This full strata complex of 8 two bedroom apartments, freshly built (6 years young) is a brilliant entry into the highly sought after and privileged market of being the owner of whole complexes.
Returning well over $130,000pa with great tax deductions, depreciation and an extremely strong rental market, this property is already strata titled and built to a high standard. Aircon, stone benches, dishwasher etc.
Featuring quality finishes throughout, great private balconies and courtyards, All apartments are two bedroom with high levels of privacy and also feature under cover parking with full security and all situated on 845m2 of land.
A brilliant location so close to major shopping and business centers, both primary and secondary schools, freeway entries and so easy to access the city and beaches.
This is the ideal investment for self-managed superfunds, retirees, and families with the ability to purchase in multi-entities due to being strata titled. Average gross lettable area approx. 90m2. Great depreciation allowances still available, strong prospect for capital growth and optimal recurring cashflow.
Please view the attached 3D Matterport with typical floor plan and photographs.
Note: A full inspection of the property will be arranged only upon an offer to purchase being finalized all apartments present as per the 3D tour.
We are all Covid safe. Please respect and observe all current advice and regulations. Thank you look forward to seeing you there.
Property History for 36 Thorney Way, Balga, WA 6061
- 10 Sep 2021Listed for Sale Expressions of Interest
- 14 Sep 2016Listed for Sale $279,000
- 20 May 2016Listed for Sale Not Disclosed
Recent sales nearby
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About Balga 6061
The size of Balga is approximately 5.2 square kilometres. It has 38 parks covering nearly 14.5% of total area. The population of Balga in 2016 was 12685 people. By 2021 the population was 13864 showing a population growth of 9.3% in the area during that time. The predominant age group in Balga is 30-39 years. Households in Balga are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Balga work in a community and personal service occupation.In 2021, 48.60% of the homes in Balga were owner-occupied compared with 50.60% in 2016.
Balga has 7,784 properties. Over the last 5 years, Houses in Balga have seen a 143.25% increase in median value, while Units have seen a 167.58% increase. As at 31 March 2026:
- The median value for Houses in Balga is $807,191 while the median value for Units is $705,990.
- Houses have a median rent of $675 while Units have a median rent of $680.
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